USALANew OrleansTall Timbers99-5793-99 Tullis Dr
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99-5793-99 Tullis Dr, New Orleans, LA

Real Estate

For Sale

Listed price in listed location currency (USD).
$450,000

1280

MLS® 2531099

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 5220 sqft
Garage No
Taxes 
Days Active 21
Lot Size 
Approx. Age 1980
Avg. Price Per Sqft $86
MLS® Number 2531099

Property Address: 99-5793-99 Tullis Dr, New Orleans, LA, 70131-8871

Average square foot calculated using Size range provided by listing agent.

Description

This 4-unit multifamily property delivers strong in-place cash flow at $27, 744 annual gross rent, with significant rent growth potential to $79, 200+ annual gross rent. The property already meets DSCR loan thresholds and offers a clear path to strong returns once stabilized. This 4-plex totals 5, 220 of livable sq ft, consisting of four 3BR / 1.5BA units averaging 1, 305 SF for each unit. Currently, there are 2 units with term leases and 2 unit vacant. All units include in-unit laundry hookups, private yards, and off-street parking for two vehicles. 8 off-street parking spots available. Located in Tall Timbers subdivision, this asset provides a family-friendly layouts great for long-term tenants. With seller financing options available, minimal deferred maintenance, and four separately deeded assets, investors gain both income stability and exit flexibility in one of New Orleans’ most resilient rental markets.
MLS® Number2531099
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0
Exterior
GarageNo
Approx. Age1980
Basement
DrivewayDriveway, Off Street, Three Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 14, 2025List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
5793-99 Tullis Dr, New Orleans, LA

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